Fixed-rate mortgages continue to edge closer to the 5% mark, rising once again to 4.67%, as an increasing number of buyers are shut out due to affordability concerns.
Read More »Mortgage Rates Cross the 4% Mark
For the first time since May of 2019, mortgage rates have risen above the 4% mark, on the heels of news that the Federal Reserve has upped short-term rates.
Read More »After Week of Declines, Mortgage Rates Back on the Rise
Inflationary concerns and the Ukrainian conflict are factoring into mortgage rate volatility that is forecast to continue in the short-term.
Read More »Mortgage Rates Fall Amid Ukrainian Conflict
Rates fell week-over-week as the Russian-Ukrainian crisis has brought with it uncertainty in the housing finance sector.
Read More »Mortgage Rates Ease Back After Quick Rise
After taking a giant leap toward the 4% mark, mortgage rates scaled back this week, as most economists feel home price growth will remain firm before cooling off later this year.
Read More »Mortgage Rates Jump After Three-Week Lull
Mortgage rates inched higher, as the nation’s economy and employment landscape continue to show solid gains.
Read More »Affordability Issues Linger Despite Stabilization of Mortgage Rates
Mortgage rates have begun to plateau, with a spike in home buyer demand due to the continued lack of supply and elevation in prices.
Read More »Purchase Demand Remains, Despite Leveling Off of Rates
The surge in mortgage rates seen last week has slowed slightly, as Freddie Mac expects rates to continue to increase, but at a more gradual pace.
Read More »Mortgage Rates Climb for the Second Consecutive Week
After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.
Read More »Mortgage Rates Shift to Kick Off New Year
Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.
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